Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. It is the world's largest company by revenue and the largest private employer.
Description: Walmart Inc., founded by Sam Walton in 1962, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was incorporated on October 31, 1969, and went public in 1970. Walmart is the world's largest company by revenue, with over $600 billion in annual sales, and the largest private employer with over 2.1 million associates worldwide. The company operates under the Walmart and Sam's Club brands, offering a wide range of products including groceries, apparel, electronics, home goods, and more. Walmart has a significant online presence through its e-commerce platform and has expanded into financial services, healthcare, and other sectors. The company is known for its low-price strategy and supply chain efficiency. Walmart is a component of the Dow Jones Industrial Average and S&P 500.
Established / Launched: 1962
Founder / Issuer: Sam Walton
Headquarters: Bentonville, Arkansas, United States
